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FloppinFish
Jan 13, 2021 9:43 PM

Retest 39K? Long

Bitcoin / United States DollarCoinbase

Description

After BTC broke out to the upside (confirmed when the 15M candle closed above 35K, I've entered a long position with targets at 37K, 39K and hopefully 41K.

In confluence with the Fib retracement levels from ATH of 42K and Fib extensions from ABC correctional wave, I would watch 37K and 37.6K levels to see if the uptrend breaks down.

Good luck and trade safely! Nothing is 100% guaranteed!
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